US pension fund Washington State Investment Board (WSIB) has disclosed a commitment of up to $300 million to Warburg Pincus‘s China-Southeast Asia-focused private equity fund, which closed in June at over $4.25 billion.
The vehicle – Warburg Pincus China-SEA II – is Warburg Pincus’s first fund with a dedicated focus on Southeast Asia. It was launched in January this year with a target fund size of $3.5 billion.
